Tag: software

AI will create more jobs than it destroys

AI will create more jobs than it destroys

AI will bring productivity growth that will create demand for work, offsetting the displacement of workers. Despite fears that artificial intelligence (AI) will wipe out millions of jobs across the globe, technological advancement is poised to be a job engine that will create more employment than it destroys.

While jobs will be displaced by automation, some technology experts allay fears of robots completely taking over. They suggest the fourth industrial revolution presents both an opportunity and a challenge that will see technology pave the way for shifts in occupations, resulting in the creation of more jobs than it will ravage.

An […]

Blue Prism shows its colours around the rise of the ‘Digital Worker’

Blue Prism shows its colours around the rise of the ‘Digital Worker’

A common gripe in the UK and European tech communities is that there are few homegrown unicorns, few billion-dollar players to rival those of the US or China. “We just can’t grow them here,” people say – at least, not since SAP or (whisper it carefully) Autonomy. Even the UK’s DeepMind went for a song – a reported $500 million – when Google snapped it up and rebuilt its AI vision around it. Meanwhile Europe seems to want to break up the US giants rather than grow its own.

Yet if you mention the name Blue Prism to many analysts […]

Adjusting to the new world of work

Adjusting to the new world of work

Waking up on my first morning in Las Vegas, where the time is 14 hours behind Thailand, was not easy. Cup of coffee in hand, I walked past a group of senior citizens wearing red long-sleeved T-shirts outside a large conference hall. They were event ambassadors, hired to welcome and guide participants from all over the world, and the sight of their smiling faces helped to bring me awake. What a pleasant start to the day: I get to experience human interaction and some seniors have a chance to earn extra income, I was telling myself.

I was in Las […]

The new spirit of postcapitalism

The new spirit of postcapitalism

Capitalism emerged in the interstices of feudalism and Paul Mason finds a prefiguring of postcapitalism in the lifeworld of the contemporary European city. Raval, Barcelona, March 2019. The streets are full of young people (and not just students)—sitting, sipping drinks, gazing more at laptops than into each other’s eyes, talking quietly about politics, making art, looking cool.

A time traveller from their grandparents’ youth might ask: when is lunchtime over? But it’s never over because for many networked people it never really begins. In the developed world, large parts of urban reality look like Woodstock in permanent session—but what is […]

Regulating Work in an Age of Fissuring and Automation

Regulating Work in an Age of Fissuring and Automation

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Employers may increasingly automate their workplaces, requiring a new approach to workplace regulation.

Why and when do firms hire employees? This question has grown urgent in light of two trends that are undermining the standard employment relationship: “fissuring,” or firms’ growing tendency to secure inputs from outside suppliers, and automation, or the replacement of human labor with machines. The latter has been going on for centuries. But many informed observers argue that “this time is different,” and that innovations in robotics, artificial intelligence, and machine learning are likely in the foreseeable future to destroy more jobs than they create—and […]

Opinion: Is automation the end of employment?

Opinion: Is automation the end of employment?

Associate Editor

We live in a time where robots not only manufacture materials we use every day, but operate them as well. Even fields that were thought to be immune, such as law or software engineering, are beginning to see the implementation of AI for some of the tasks involved.

To many, this is seen as nothing less than a crisis. A study conducted by Udemy in 2017 showed that the number one stress trigger for 43 percent of workers is being replaced by artificial intelligence.For those in that 43 percent, you may be relieved to know that your stress […]

A UTOMATION AND JOBS: Labour-saving technologies can boost employment [read]

The policy challenge posed by new labour-saving technology is not mass unemployment but how to help workers to make the transition from industries, occupations and regions where automation has destroyed jobs to those where jobs have been created. That is the central conclusion of new research by James Bessen. His study notes that while many people associate automation with a large-scale loss of jobs, as in many of today’s manufacturing industries, in the early years of the cotton textile, primary steel and automotive industries, employment grew strongly along with automation for many decades (see Figure 1 ). The key […]

Personalized learning can unlock great value for Indian enterprises: Chris McCarthy, Degreed

Personalized learning can unlock great value for Indian enterprises: Chris McCarthy, Degreed

India is a learner-centric market and if people are guided towards the right set of skills, there is a phenomenal opportunity and value waiting to be unlocked, says Chris McCarthy, CEO of Degreed. Degreed is a lifelong learning platform that individuals and organizations can use to discover learning content, build skills, and certify their expertise.

With customers including Cisco, Unilever, Github, Dell EMC, NASA, Mastercard, Airbnb and more, Degreed is creating a personalized learning experience to help employees learn new skills in the age of constant disruption.

In an exclusive interaction with IDG Media , Degreed’s CEO Chris McCarthy shared his […]

March 2019: Automation and the Future of Work

March 2019: Automation and the Future of Work

Digitization and automation will displace some workers, create new jobs, and encourage reskilling in industries like retail, logistics, manufacturing, and construction.

Automation’s impact on the job market has been and will continue to be significant, to say the least. Forrester Research calls automation central to the next phase of digital transformation, because it’s driving value in terms of faster product delivery, better product quality and higher dependability, and more personalization and convenience. Alongside all the excitement about automation and the future of work, however, is fear about job displacement and, occasionally, a bit of fear-mongering as well. Certainly, the […]

New Jobs in the AI Era

New Jobs in the AI Era

Takeaway: Nearly every technology advancement creates fears of unemployment, but AI stands to create far more jobs than it destroys.

Artificial intelligence is about to go mainstream in the enterprise, which means that a lot of the jobs currently done by humans will soon be done by machines. But will this lead to the massive wave of unemployment that some doomsayers predict, or will it produce a new era of employee productivity similar to what has greeted previous forms of automation ?

Even the most enthusiastic AI boosters admit that jobs will be lost during the transition, but they […]